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Fund for Technology Based Small Enterprises - FUNDOTEC

The general objective of this project is to support the development of small technology-based enterprises, with stress on biotechnology companies, primarily in the state of Minas Gerais. This project has an equity component of US$15 million, of which the MIF contributed $5 million, public institutions US$5 million, and the private sector US$5 million.

Project Detail

Country

Brazil

Project Number

TC9803116

Approval Date

August 12, 1998

Project Status

Closed

Project Type

Equity

Sector

-

Subsector

-

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 14,500,000.00

Country Counterpart Financing

USD 10,000,000.00

Original Amount Approved

USD 4,500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-6099-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-6099-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing
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